Zanite Acquisition (ZNTE) executive Demuro received 340,000 shares
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Insider transactions reported
Gerard J Demuro (executive at Zanite Acquisition Corp., ZNTE) reported that they received 340,000 shares on May 9, 2022. After these transactions the filing shows 490,000 shares held directly.
- Reporting person
- Demuro Gerard J
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| May 9, 2022 | Grant or award (A) | Common Stock1, 2 | +340,000 | - | - | 490,000 direct |
Holdings before and after
- Common Stock: 150,000 to 490,000 direct
Footnotes from the filing
- 1. Represents a grant of 200,000 Restricted Stock Units which will vest in equal installments on the first and second anniversary dates of the grant, contingent upon the achievement of certain performance conditions.
- 2. Represents a grant of 140,000 shares of the Issuer's common stock, which shares are fully vested as of the grant date but are subject to certain resale restrictions.
Transaction codes in this filing
- Grant or award:
- Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
FAQ
What did Demuro report in this ZNTE Form 4?
Gerard J Demuro (executive at Zanite Acquisition Corp., ZNTE) reported that they received 340,000 shares on May 9, 2022. After these transactions the filing shows 490,000 shares held directly.
How many ZNTE shares does Demuro hold after this filing?
The filing shows 490,000 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code A mean on an SEC Form 4?
Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
Historical context for ZNTE
Earlier insider filings at ZNTE
Quantisnow market dataNASDAQ
ZNTE
Zanite Acquisition Corp.
- Market cap
- 30-day
- Listed since
- 2021
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